Forum aiming to ‘demystify’ COVID
TCL Group will this Monday host a virtual roundtable featuring multiple medical professionals in a bid to “demystify” the issues and concerns surrounding COVID-19.
Shipper forecasts further hikes in containers, rates
A shipping executive yesterday forecast that container prices and freight rates could increase by 200 percent over current market highs as the world continues to rebound from the COVID-19 pandemic.
Court dismisses bid to thwart tax disclosures
A Bahamas-domiciled company has been ordered to supply tax information to the Mexican authorities by October 15, 2021, after its legal challenge was dismissed by the Court of Appeal.
Multi-billion treasure opportunity ‘stalled’
The Bahamian head of a technology-driven underwater exploration group yesterday asserted that this nation has lost between $450m-$500m due to their proposal being “stalled” by government for three-plus years.
Lucayan’s fresh union row over seeking lay-off clarity
A trade union leader yesterday vowed “to oppose with every fibre in my body” the Grand Lucayan’s request that the Court of Appeal clarify whether employers can temporarily lay-off staff without pay.
Overflight fees start at $2m this month
The Government will collect around $2m in overflight fees by end-September from aircraft passing through Bahamian air space, a Cabinet minister disclosed yesterday.
Hotel Corp chief ‘ecstatic’ over Andros resort’s sale
The Hotel Corporation’s chairman yesterday said he was “ecstatic” that multi-year efforts to sell the Lighthouse Yacht Club and Marina had finally succeeded, likening it to “michaelangelo painting the Sistine Chapel”.
‘No intention’ to buy hotel initially
An Andros resort’s new owner has already hired 30 persons to help with site clearance as he yesterday revealed he initially had “no intention” of acquiring the property.
Atlantis incentivises staff to get vaccine
Atlantis launched a Vax for Cash incentive to encourage its 6,600 staff to all become fully inoculated against COVID-19. Team members who take the vaccine have the chance to win cash prizes.
Fishermen hail Dominican crackdown for better prices
Bahamian fishermen yesterday hailed the crackdown on Dominican poaching for helping to raise crawfish prices to $19 per pound and ensure a more plentiful supply.
Union initiates action on Immigration hires
The Bahamas Customs, Immigration and Allied Workers Union yesterday said it has initiated legal action against the Government for filling senior Immigration posts with persons from outside the civil service.
Facing up to the brutal facts
The idea of economic diversification has for too long become near taboo and is often misunderstood by many. The normal impulse it to react by saying: “Move to what?” Such a mindset needs urgent rehabilitation.
PM’s homes plan forgot ‘front door’
A PROMINENT developer yesterday warned that first-time Bahamian homeowners must be able to access “the front door” if the Prime Minister’s ambition of sparking a construction boom is to be realised.
Home owner tax breaks to aid 80% of new starts
AN ex-Bahamian Contractors Association (BCA) president yesterday hailed the Prime Minister’s home ownership tax breaks package for potentially boosting 80 percent of new construction starts, and said: “Better late than never.”
Union leader predicts Morton Salt re-hiring
A UNION leader yesterday predicted said Morton Salt might have to rehire some of the 24 workers it terminated last month on the basis that the salt harvester is now too “short staffed”.
